The target of Adani Ports for 1010 is still intact https://t.co/bbyfmE3aK2

Adani Ports - the 42 weeks of price consolidation in a symmetrical triangle has decisively broken out for the open target of 1010 https://t.co/vGyAGlwKCw pic.twitter.com/2tVmwddeOX
— The_Chartist \U0001f4c8 (@charts_zone) April 5, 2022
More from The_Chartist 📈
Jubilant Ingrevia - Key learning?
It is important to analyse the strength of the breakout. If the price does not continues the move in 1 or 2 sessions and candles show long upper wicks, it is better to bring the SL closer. Distribution sign.
Will be helpful in next breakouts. https://t.co/AtZOj4bKeT
It is important to analyse the strength of the breakout. If the price does not continues the move in 1 or 2 sessions and candles show long upper wicks, it is better to bring the SL closer. Distribution sign.
Will be helpful in next breakouts. https://t.co/AtZOj4bKeT

Learning: Strong breakout
— The_Chartist \U0001f4c8 (@nison_steve) July 2, 2021
1. Breakout candle will have no upper shadow or extremely less compared to the body
2. Volumes will be high (to avoid retailers to enter & also big hand absorbing all the selling)
3. Pullbacks will be rare/very less
4. Happens after a long consolidation pic.twitter.com/YTHDOnEdxo
These high-volume selloff candles right before any -ve news always intrigue me. the same thing happened with Infosys before the whistleblower complaint was out & the stock gapped down. TV 18 & VTL were other examples.
Fresh case - RUPA https://t.co/nqq5nI1wLU
Fresh case - RUPA https://t.co/nqq5nI1wLU

Respect your stop losses in the stocks that have gone down today with heavy volumes even on a strong day.
— The_Chartist \U0001f4c8 (@charts_zone) March 17, 2022
VTL pic.twitter.com/3pJ9XngCDL